Follow the dollars · Assumption only
A complete cash picture for Dec 5, 2026
Your down payment$41,059Cash toward the purchase price.
Closing costs + prepaids$16,124Not just lender fees.
Before credits & paid funds$57,183The complete starting cash picture.
Estimated remaining funds due at closing
$57,183No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$41,059.22
Your down payment$41,059.22
Closing costs + prepaids$16,123.97
Total buyer cash needed$57,183.19
Remaining funds due$57,183.19
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$4,880.00
Title & settlement$1,825.00
Recording fee$100.00
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$2,184.75
Initial HOA (3 months)$260.01
Prepaid interest, first (27 days)$2,324.21
Fees + prepaids$16,123.97
Your down payment is the seller’s equity. You take over the $446,941 balance, so the rest of the $488,000 price is paid at closing. A second mortgage can cover part of it. $57,183.19 is due at closing. Uses and sources reconcile at $504,123.97 each. Not a Closing Disclosure.